Sunday, November 25, 2012

The Egyptian president's office said on Sunday it was committed to engaging "all political forces" to reach common ground on the constitution and stressed the "temporary nature" of a decree expanding President Mohamed Morsy's powers.

"This declaration is deemed necessary in order to hold accountable those responsible for the corruption as well as other crimes during the previous regime and the transitional period," the president’s office said in a statement.

That was a reference to the regime of long-time president Hosni Mubarak, who was ousted by a popular uprising early last year. Some 850 protesters were killed during the revolt, and hundreds more since.

That sounds suspiciously like the "temporary" Law No. 162 of 1958, which was used virtually continuously from 1967 until 2012:

Over the law, police powers are extended, constitutional rights are suspended, and censorship is legalized.

The market suspended trading for half an hour after the main index exceeded the maximum rate of decline allowed under exchange rules.

Stock traders attributed the massive decline, which occurred in the first 10 minutes the exchange was open, to unrest after President Mohamed Morsy dismissed the prosecutor general and issued a constitutional declaration on Thursday stipulating that his decisions are immune from judicial challenges. Protests and clashes around Tahrir Square in downtown Cairo are ongoing.

Fierce clashes between anti-Muslim Brotherhood protesters and members of the Islamist group have erupted in Saea Square in the Nile Delta city of Damanhour, less than a day after bloody confrontations left 26 injured.

The two sides hurled rocks at one at one another amid complete absence of security forces.

Hasbys!

Elder of Ziyon - حـكـيـم صـهـيـون

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